Which of the Following Statements Is Relevant to the Value

question 207

Multiple Choice

Which of the following statements is relevant to the value of Canadian imports?

• A)The imports figure is added to exports when calculating GDP because imports represent spending by Canadians.
• B)The imports figure is subtracted from exports when calculating GDP because imports do not entail spending by Canadians.
• C)The imports figure is subtracted from exports when calculating GDP because imports do not involve production activity in Canada.
• D)The imports figure is added when calculating GDP because imports do not involve production activity in Canada.
• E)The imports figure is added when calculating GDP,but subtracted when calculating GNP.

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Definitions:

Decentralization

The process of distributing and delegating power away from a central authority in organizations or systems.

Single Structure

A setup or organization that uses one overarching system or framework to organize its processes, operations, or architecture.

Innovation

The act of devising innovative concepts, goods, or techniques that lead to notable advancements or transformations.

Multiple Structures

The existence or application of various organizational models or frameworks within a single company or system.